Energy Transition & Power Demand▲
New Era secures construction permits for Texas data center project
New Era Energy & Digital has secured construction permits for its Texas Critical Data Centers project, a milestone the company says reduces development risk at the site. The company received Development Structure and Drive Approach Permits from Ector County, submitted the Phase 1 plat to Ector County and the City of Odessa, and obtained approval of a Notice of Intent from the Texas Commission on Environmental Quality to begin grading. CEO Charlie Nelson said the standard air permit filed by Phase 2 power partner Thunderhead Energy Solutions will support approximately 550MW of Phase 2 capacity, up from 450MW, bringing Phases 1 and 2 to about 757MW combined on the same timeline. New Era also closed its 54-acre corridor acquisition, bringing the campus to 493 acres, and reported $84.8 million of cash and $270 million undrawn under its up to $290 million facility with Macquarie as of June 30, 2026.